When those numbers flip then you will see downtown changing, and then will be the time to get involved if you are a newer investor who doesn't have the resources to hold a property for years waiting for the market to rise.

Use your resources, like your computer and phone.this makese the most sense. you aren't too far from chicago or Indy or even mid-sized towns like Peoria or Bloomington, IL or Rockford, IL.

We've got thousands of resources, including a directory of real estate clubs.

I have resources that the average person doesn't.

in which case the second mortgagee would be more at risk of loss and more likely to consider accepting less than due.The Trustee will be able to guide you.

I would really appreciate all the experts and experienced investor out there to help and guide me as I am starting my investing business.

tpercival, I agree that there are some great online resources like you mentioned, however, they are only as good as the availability of information the conclusions are drawn on.For instance, comps I have gotten on properties in Texas were way out of whack.

Hopefully this isn't the case in your city.This website is an amazing resource for the first time home buyer.

:crying: Also, are there better resources for finding out about foreclosures?

We've got thousands of resources, this very active networking forum, and more and more.